hard · Elliott Wave Theory
If an analyst labels a move as a 'leading diagonal' in the Wave 1 position, but the motive sub-waves (1, 3, 5) appear to be three-wave corrective structures on lower time frames, what is the most likely error in the count?
- The trader has correctly identified a 'Type 2' leading diagonal.
- The pattern is actually an ending diagonal, which is misplaced in the Wave 1 position.
- The pattern is a standard impulse wave.
- The pattern is a valid leading diagonal.
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